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FOX Business
Mar 4, 2014 5:00pm EST
than 2% throughout this century. compare that to the reagan clinton years, two different parties where the economy grew at twice that pace. gerri: let's take a look at some of the things the president wants to spend on, give people a sense, if you're a consumer this is what you're looking at. expansion of earned income tax credit. more money for highways, bridges and transit. more money for head start programs and cuts to crop insurance. start with the earned income tax credit for a second. antipoverty plan is popular with both sides of the aisle. when you look at actual numbers, there is no traction on ending poverty in this country. none of the stuff seems to do a lick of good. what do you make of it? >> one of the things about earned income tax credit permits people to work for less money. so some of the gains they get out of it are taken out in lower wages. also, it has to be paid for by, you know, somebody paying higher taxes. very people that hire these folks that go into mcdonald's, and that hire folks to clean their homes and things like that. so you know it is not the unvarnis
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